February 29, 2024 | BNSF, Furloughs, Headlines, PSR
(Source: Trains.com, February 28, 2024) BNSF Railway has cut jobs from mechanical shops in Kansas and Nebraska and has offered affected workers positions at facilities where it is hiring. The railroad did not say where jobs were cut or how many positions were...
February 29, 2024 | BNSF, Headlines, Quarterly Income
(Source: Trains.com, February 25, 2024) Berkshire Hathaway Chairman Warren Buffett’s widely read annual letter to investors, released on Saturday alongside the company’s 2023 financial results, included a long passage on railroads in general and BNSF Railway in...
February 29, 2024 | BNSF, Headlines, Quarterly Income
(Source: Progressive Railroading, February 26, 2024) BNSF Railway Co. announced total revenue for fourth-quarter and full-year 2023 decreased 6% and 8%, respectively, compared with the same periods in the previous year. Operating income for Q4 and full-year 2023 was...
February 29, 2024 | Headlines, Teamsters
(Source: International Brotherhood of Teamsters press release, February 28, 2024) Today, the International Brotherhood of Teamsters reached a five-year tentative agreement significantly raising pay, improving health care and retirement benefits, and providing critical...
February 23, 2024 | Headlines, PSR, STB
(Source: Progressive Railroading column by Surface Transportation Board member Robert Primus, February 23, 2024) Nearly 10 years ago, the largest freight railroads in the United States, commonly known as Class Is, began to cut costs aggressively. They claimed that the...
February 23, 2024 | Canada, Derailment, Headlines, Railroad Safety, Teamsters Canada
(Source: Global News, February 21, 2024) Teamsters Canada Rail Conference (TCRC), which represents more than 9,000 rail workers across Canada, is raising concerns about safety following three freight train collisions in B.C. in less than two months. Two TCRC members...
February 23, 2024 | AAR Freight Trends, Headlines
(Source: Association of American Railroads press release, February 21, 2024) The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending February 17, 2024. For this week, total U.S. weekly rail traffic was 474,226 carloads and...
February 22, 2024 | FRA, Headlines, NS, PSR, Railroad Safety
(Source: Reuters, February 21, 2024) The head of the Federal Railroad Administration on Wednesday urged Norfolk Southern to focus on safety after a group of activist investors proposed replacing the company’s top management. Full story: Yahoo...
February 22, 2024 | Canada, CN, CPKC, Headlines, Teamsters Canada
(Source: Canadian Press, February 19, 2024) The union representing more than 9,000 workers at Canada’s two biggest railways says public safety is at stake as contract negotiations ground to a halt this month, with a potential strike on the horizon. Teamsters...
February 22, 2024 | East Palestine-NS, Headlines
(Source; National Public Radio, February 16, 2024) President Biden visited the small Ohio town of East Palestine on Friday, a little more than a year after a Norfolk Southern train derailed there and spilled hazardous chemicals. “Let me be clear. While there are...
